SHE:301502 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	102.42	138.91	140.36	21.2	27.15	13.18
Trading Asset Securities	149.49	141.31	179.16	-	3.03	-
Cash & Short-Term Investments	251.91	280.22	319.52	21.2	30.18	13.18
Cash Growth	-4.54%	-12.30%	1406.87%	-29.74%	128.94%	-48.22%
Accounts Receivable	303.92	283.38	267.53	256.17	250.76	305.48
Other Receivables	17.38	0.99	0.53	0.12	1.04	1.1
Receivables	321.3	284.37	268.06	256.29	251.8	306.58
Inventory	116.55	107.69	113.52	103.29	102.2	128.92
Prepaid Expenses	-	0.07	0.78	0.01	5.7	0.02
Other Current Assets	9.99	6.93	2.38	14.71	5.09	7.59
Total Current Assets	699.75	679.28	704.26	395.52	394.97	456.29
Property, Plant & Equipment	356.96	352.73	343.55	252.9	238.42	182.41
Other Intangible Assets	27.24	27.48	27.8	28.45	28.82	28.62
Long-Term Deferred Tax Assets	1.82	1.97	0.28	0.54	3.67	5.11
Long-Term Deferred Charges	1	0.89	1.38	2.07	1.18	0.45
Other Long-Term Assets	14.77	8.25	1.74	4.5	2.1	2.21
Total Assets	1,102	1,071	1,079	683.98	669.17	675.09
Accounts Payable	187.82	174.28	187.95	142.34	153.37	206.71
Accrued Expenses	4.56	16.96	13.45	11.42	16.23	21.8
Short-Term Debt	39.01	39.02	40.03	40.03	65.71	51.93
Current Portion of Leases	0.11	0.11	0.02	0.12	0.38	-
Current Income Taxes Payable	15.67	0.36	1.71	4.14	1.36	8.1
Current Unearned Revenue	8.95	4.58	3.18	4.31	12.76	12.98
Other Current Liabilities	1.07	0.1	0.04	0.35	0.82	1.96
Total Current Liabilities	257.18	235.41	246.38	202.71	250.62	303.47
Long-Term Leases	0.14	0.14	-	0.02	0.57	0.79
Long-Term Deferred Tax Liabilities	5.67	5.85	5.04	3.98	7.11	5.4
Other Long-Term Liabilities	1.26	1.32	1.42	1.32	2.11	1.89
Total Liabilities	264.25	242.72	252.84	208.03	260.41	311.55
Common Stock	57.08	57.08	57.08	42.81	42.81	42.81
Additional Paid-In Capital	490.03	489.81	489.29	157.01	155.15	153.42
Retained Earnings	290.19	280.99	279.66	275.98	210.62	167.13
Total Common Equity	837.3	827.88	826.03	475.8	408.58	363.36
Minority Interest	-	-	0.15	0.15	0.17	0.18
Shareholders' Equity	837.3	827.88	826.17	475.95	408.75	363.54
Total Liabilities & Equity	1,102	1,071	1,079	683.98	669.17	675.09
Total Debt	39.25	39.27	40.05	40.16	66.65	52.71
Net Cash (Debt)	212.66	240.95	279.47	-18.96	-36.47	-39.53
Net Cash Growth	-5.00%	-13.78%	-	-	-	-
Net Cash Per Share	3.70	4.22	4.98	-0.44	-0.85	-0.92
Filing Date Shares Outstanding	57.08	57.08	57.08	57.08	42.81	42.81
Total Common Shares Outstanding	57.08	57.08	57.08	42.81	42.81	42.81
Working Capital	442.57	443.87	457.88	192.8	144.35	152.82
Book Value Per Share	14.67	14.50	14.47	11.11	9.54	8.49
Tangible Book Value	810.06	800.4	798.22	447.35	379.76	334.74
Tangible Book Value Per Share	14.19	14.02	13.98	10.45	8.87	7.82
Buildings	-	-	-	157.72	161.93	84.03
Machinery	-	174.99	154.96	136.35	124.9	109.17
Construction In Progress	-	11.05	52.64	17.65	10.72	51.1